As we come to the end of 2022 we wanted to call your attention to our best financial call of the year.
The Bond Buyer
By Jessica Lerner
January 11, 2022, 10:36 a.m. EST 5 Min Read
Major challenges for the public finance industry abound but rising interest rates is the largest concern for business in 202, market participants said in a Bond Buyer/Arizent Research survey. Nearly 60% of respondents said rising interest rates are their biggest worry, followed by regulatory requirements or changes at 45% and a lack of face-to-face communication and market volatility at 37% and 36%, respectively. Ongoing threats from the coronavirus, inflation and legislative inertia on muni issues in Washington, among other factors, also led a majority of those in municipal finance to believe a full economic recovery won’t be reached until at least July. Thirty-five percent of respondents said they believe a full economic recovery will happen in the second half of 2022, while 40% said they don’t believe it will happen until 2023. Fifteen percent believe it will occur during the first half of this year, and 10% believe the economy has already recovered.
Rising rates “We've had an unprecedented era of low rates," said Stephen Akin, founder of Akin Investment, a registered investment advisor. "Inflation really could get away from the Federal Reserve; it's not out of the realm of possibility.
Did Your advisor have you prepared for 2022?
Need help? I'll be happy to guide you. Remember Akin Investments is a fiduciary advisor. We sell no insurance or financial products.
Your success is our only interest!
Asset and Cash Management Solutions
Wealth Management
401(k) Rollovers
Alternative Investments
Endowments and Foundations
Estate Planning Strategies
Executive Financial Services
Financial Planning
Philanthropic Mamagement
Retirement Planning